"THIS Will Send Bitcoin to $200k By This Date BUT Be Careful" Darius Hale Crypto Prediction 2023
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"THIS Will Send Bitcoin to $200k By This Date BUT Be Careful" Darius Hale Crypto Prediction 2023
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The upcoming Bitcoin Halving, occurring in less than a year, is a significant event for those familiar with the cryptocurrency market's cycles. Historically, the 12 months following each halving have resulted in an increase in Bitcoin's price by several hundred percent.
This is due to the market adapting to the altered demand/supply dynamics resulting from the supply being halved while demand remains constant, resulting in an inevitable upward pressure on prices.
Given current Bitcoin prices, the 2024 halving is projected to remove approximately $5 billion worth of Bitcoin from the markets. So you can see the magnitude of the Bitcoin Halving and its potential impact on the cryptocurrency market.
However, before you go spending your life savings on Bitcoin, there is alot of data as to why you shouldn’t go piling into Bitcoin right now. In his most recent podcast, CEO and founder of 42Macro, Darius Dale, breaks down why in the 12 months prior to the Bitcoin halving, Bitcoin has always had huge price drawdowns, giving investors an incredible buying opportunity before the halving bull run.
Make sure to stick around to the end of the video where Darius breaks down how he see’s the Bitcoin halving playing out, how high the bull run will go and when he would be buying bitcoin leading into it.
About Darius Hale:
Darius Dale is the Founder & CEO of 42 Macro, an investment research firm that aims to disrupt the financial services industry by democratising institutional-grade macro risk management frameworks and processes.
Credit:
To watch the full interview (and subscribe to a great crypto resource!) Check out Anthony Pompliano:
Anthony Pompliano
Prepare NOW For The Bitcoin Halving | Darius Dale
https://youtu.be/wz9Avflvs8c
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